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January 24, 2024

Developer Tools: Better Stack Secures $10M for Faster, Cheaper Software Delivery

San Francisco-based observability startup has just upped the ante, scoring a cool $10 million in fresh funding

In the labyrinth of developer tools, where dozens of solutions vie for attention, Better Stack emerges as a beacon of clarity and efficiency. Developers often grapple with tools that seem stuck in a bygone era, complicating rather than simplifying the software creation process. Better Stack, founded in the Czech Republic, steps into this chaos, offering a lifeline for developers aiming to ship high-quality software faster and more affordably.

San Francisco-based Better Stack orchestrates a funding symphony, securing an additional $10 million from KAYA, a prominent European early-stage investor, and existing investor support. Angel investors Aaron Levie, CEO at Box, and Kulpreet Singh, ex-UiPath, join the ensemble. This financial crescendo follows a previous funding round of $18.6 million, featuring early-stage VC Creandum, KAYA, Susa Ventures, and a lineup of notable backers.

Armed with the prowess of the ClickHouse database, Better Stack charts a course for aggressive growth. The platform's ClickHouse magic not only ensures cost-effectiveness but also extends hot storage capabilities, setting it apart from alternatives. Better Stack's visionary collaboration takes inspiration from Figma, introducing collaborative dashboards that redefine how engineers collaborate, particularly in resolving incidents swiftly.

Founded in 2021 by Juraj Masar and Veronika Kolejak, Better Stack converges monitoring, logging, incident management, and status pages into a unified platform. It's not just a tool; it's a revelation—10 times more cost-effective and 10-100 times faster than competitors. With a user base of over 200,000 developers and 4,000+ customers, Better Stack is carving a niche as the go-to alternative for industry heavyweights like Datadog, New Relic, and PagerDuty.

Better Stack echoes the sentiments of developers worldwide, offering tools that are not just functional but beautifully designed. Veronika Kolejak, COO, emphasizes the simplicity of SQL as the querying standard, making Better Stack the natural choice for engineers. Juraj Masar, CEO, reinforces the ethos, stating, "We are simply engineers making the tools we always wanted to use."

Tomas Obrtac, General Partner at KAYA, sees Better Stack as the epitome of a fast-moving, choice-driven company. The endorsement underscores the team's understanding of modern engineering teams and the platform's 100x speed and 10x cost advantage.

In the quest to make the internet better, Better Stack isn't just a tool; it's a mission. It's a vow to empower developers, simplify their toolkit, and usher in a new era of software creation—faster, cheaper, and inherently better. As Better Stack strides forward, the internet landscape may just be on the brink of transformation.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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